nPower takes the sting out of switching

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Confused.com comment on the latest nPower tariff.

Gareth Kloet, Head of Energy Prices at Confused.com comments on npower's new fixed tariffs.

"In the wake of Ofgem's report that suggests consumers will see further rises in prices from the 'big six' energy providers in the future, it is pleasing to see one of them respond with new competitive fixed rate tariffs.

"These tariffs could be ideal for those who are worried about rising prices but would like the flexibility to be able to switch again if any more suitable offers come about, as providers continue to tinker with tariffs to win business.

"The two new fixed tariffs, Go Fix and Go Fix XL, are certainly competitive, especially for households with higher consumption. And, in a surprise move that will be appealing for savvy switchers, there are no cancellation fees for those wishing to switch before the term end in December 2010.

"Creative tactics like this are surely a result of an industry acknowledging that consumers are now willing to take control of their energy bills and look for the best deal. In order to see more benefits like this introduced to the market, consumers need to continue shopping around and demonstrating that they are not afraid to take their business elsewhere. The best, most efficient way to do this is by using an accredited energy comparison site."

-ENDS-

For further information please contact:
Press office, Confused.com: 02920 434 398
Gareth Kloet Head of utilities, Confused.com: 02920 434 268 / 07966 722 063

Notes to editors
About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and electricity and gas prices, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com has all of the 'big six' energy providers on its panel, customers can save £250* on their annual energy bill by switching with Confused.com

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

  • Confused.com customers saved an average of £252.37 on their annual energy bill in 2008.

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Victoria Leyton
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